Vodacom Tanzania – Sitholizwe Mdlalose steps down as the Company’s Managing Director

By Published On: May 11th, 2022Categories: Corporate announcement

Vodacom Tanzania PLC (“Vodacom”) has today announced that Sitholizwe Mdlalose the Company’s Managing Director will be stepping down in June 2022. Mdlalose returns to Vodacom (Pty) Limited as the Managing Director following the resignation of the previous Managing Director.

Speaking in Dar es Salaam today, Vodacom’s Board Chairman Rtd. Justice Thomas Mihayo expressed his views on the Executive’s anticipated departure applauding him on his achievements since joining the Company.

“The board acknowledges the talent and experience that Sitho brought into the organization. True to his abilities, and in the short period that he served at the helm of the company, he formulated a robust strategy that we all believe will serve to consolidate our leadership position in the market for the mid to long term” said Mihayo.

Mihayo added that during his time Mr. Mdlalose led the Company through multiple strategic negotiations that have poised its operations for recovery and future growth. “Sitho’s leadership posture has been a strong asset to rallying support amongst key stakeholders surrounding our business including policymakers, customers and staff. His visionary leadership style is what the organization needed for a smooth transition into the post-pandemic era of our times,” said the Company Chairman.

Prior to joining Vodacom Tanzania, Mdlalose was Chief Finance Officer of Vodacom (Pty) Limited and for over 6 years, held various senior positions within the Vodafone Group with an exceptional track record of growing businesses and delivering strategic transformation.

“The entire Board wishes him and his family the very best. We have embarked on a search for his replacement and will inform our stakeholders in due course” concluded Mihayo.

On his part, Mdlalose said, “It has been a great honor to serve as the Managing Director of Vodacom Tanzania PLC. I have enjoyed immense support and a fair share of challenges during my time all of which have contributed to setting solid foundations for the organization as it recovers from the effects of the pandemic and pivots to a future-ready technology company. I leave behind a strong leadership team that will continue to lead Tanzania well into the digital age and change lives through technology.”

END


Vodacom Tanzania Limited (VODA.tz)

Share price: 770.00 Shillings (0.00 | 0.00% – 11/08/22)

Sign up for Email Alerts

Recent Documents & News